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Fidelity Real Estate LLC Facilitates $13M Sale Of SFR In Fort Lauderdale

Property Image
SOLD
$13,000,000
James (Jim) Morlock

Florida

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Single Family Residence8,132 SF
Sold 03/29/2022
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Property Image
SOLD

Fidelity Real Estate LLC Facilitates $13M Sale Of SFR In Fort Lauderdale

2300 Aqua Vista Boulevard, Fort Lauderdale, Florida 33301, United States

See Similar Deals
Single Family Residence8,132 SF
Sold 03/29/2022
James (Jim) Morlock
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,598
Total Square Footage:8,132 SF
Transaction Type:Sale

A waterfront single-family home located at 2300 Aqua Vista Blvd in Fort Lauderdale has recently been sold for $13,000,000. The property spans over 8,132 square feet, resulting in a price per square foot of $1,599. The transaction took place on March 29, 2022, making it a closed deal.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $13,000,000
  • Square Footage: 8,132
  • Price per Square Foot: $1,599
  • Market: Fort Lauderdale

Thomas Auringer was the seller of the property, while Chenet Nelson from Fidelity Real Estate LLC served as the broker in the transaction. Notably, Chenet Nelson, being part of the top 1% of realtors nationwide, represented both the seller and the buyer in this deal, indicating their expertise in waterfront properties. For assistance in selling or purchasing a water front property, interested parties can contact Che Nelson at 786-715-8180.

Players

Chenet "Che" Nelson
3 deals$39M volume
BROKER

Chenet "Che" Nelson
Compass
3 deals$39M volume
BROKER

James (Jim) Morlock
3 deals$52.3M volume
BROKER

Details

SOLD
IMAGE: Chenet Nelson DATE: 03/29/2022 ADDRESS: 2300 Aqua Vista Blvd MARKET: Fort Lauderdale ASSET TYPE: SFR SELLER: Thomas Auringer BROKER: Chenet Nelson - Fidelity Real Estate LLC SALE PRICE: $13,000,000 SF: 8,132 ~ PPSF: $1,599 NOTE FROM BROKER: Che Nelson is a part of the top 1% of realtors nationwide! Che represented both Seller and Buyer on this transaction. If you would like Che to help you sell or purchase your next water front property please call or text 786-715-8180

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$693,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59